Ten most expensive office sites

Feb 21, 2012, 22:32 PM IST
No 1 Hong Kong: Occupancy costs climbed 1% in 2011, averaging $244 per sq ft per year.
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No 1 Hong Kong: Occupancy costs climbed 1% in 2011, averaging $244 per sq ft per year.

No 2 London: Occupancy costs in the West End climbed 8% in 2011, averaging $239 per sq ft per year.
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No 2 London: Occupancy costs in the West End climbed 8% in 2011, averaging $239 per sq ft per year.

No 3 Tokyo: Tokyo occupancy costs climbed 7% to $197 per sq ft per year.
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No 3 Tokyo: Tokyo occupancy costs climbed 7% to $197 per sq ft per year.

No 4 Moscow: It saw a 41% jump in occupancy costs, early 2012 with an average cost of $148 per sq ft per year.
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No 4 Moscow: It saw a 41% jump in occupancy costs, early 2012 with an average cost of $148 per sq ft per year.

No 5 Beijing: The Chinese capital is a new entry in the 2012 list with occupancy costs in the city averaged $130 per sq ft per year.
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No 5 Beijing: The Chinese capital is a new entry in the 2012 list with occupancy costs in the city averaged $130 per sq ft per year.

No 6 New York: Occupancy costs in New York climbed 4% in 2011 to $120 per sq ft per year.
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No 6 New York: Occupancy costs in New York climbed 4% in 2011 to $120 per sq ft per year.

No 7 Sydney: With occupancy costs of average $119 per sq ft annually, Aussie city is a new entry in the list.
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No 7 Sydney: With occupancy costs of average $119 per sq ft annually, Aussie city is a new entry in the list.

No 8 Rio de Janeiro: Occupancy costs in Rio de Janeiro fell 8% in 2011 to $109 per sq ft per year.
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No 8 Rio de Janeiro: Occupancy costs in Rio de Janeiro fell 8% in 2011 to $109 per sq ft per year.

No 9 Paris: Occupancy costs in Paris climbed 5% to $106 per sq ft annually.
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No 9 Paris: Occupancy costs in Paris climbed 5% to $106 per sq ft annually.

No 10 Zurich: Average occupancy costs in this Swiss city are $98 per sq ft annually.
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No 10 Zurich: Average occupancy costs in this Swiss city are $98 per sq ft annually.